Student teams share INR 2.25 lakh at the SSVM Transforming India Conclave
Three teams from SSVM and associated schools won prizes totalling INR 2.25 lakh at the Studentpreneur Awards on the 3rd day of the Transforming India Conclave in Coimbatore.
Latest
Three IPOs open on 9 September
Karamtara Engineering, Manipal Payment and Identity Solutions and Rentomojo all open Wednesday and close Friday. The shape of the three offers differs sharply in how much money reaches the companies.
Manipal Payment and Identity Solutions IPO opens 9 September at INR 322 to 339 a share
The card manufacturer, which says it makes over a third of India's credit cards, is raising INR 320 crore in fresh issue alongside an offer for sale by promoter Manipal Technologies.
Moglix's Credlix crosses USD 1 billion in MSME export financing
The Moglix-owned trade finance platform has financed USD 1 billion of exports for over 1,000 MSMEs, and has committed USD 100 million to the India-Mexico corridor this financial year.
Chef Harpal Singh Sokhi invests in Indo-Chinese food brand Inchi
The chef has taken a stake in Navi Mumbai's Melting Pot Food Products alongside a brand ambassador role. The company is targeting over INR 500 crore in five years. Terms were not disclosed.
Kia enters premium three-row SUVs with Sorento, hybrid from INR 29.99 lakh
The locally built Sorento is Kia's first hybrid in India, priced from INR 27.99 lakh for the diesel and INR 29.99 lakh for the hybrid, both introductory. Deliveries start today.
Rentomojo IPO opens 9 September at INR 384 to 404 a share
The rental platform's offer comprises INR 150 crore of fresh issue and an offer for sale of 27.4 million shares. Proceeds will partly repay borrowings and fund warehouse lease rentals.
Karamtara Engineering IPO opens 9 September at INR 241 to 254 a share
The offer totals up to INR 875 crore, comprising INR 675 crore of fresh issue and INR 200 crore of offer for sale, and closes on 11 September.
eBikeGo plans 50 bicycle retail stores with INR 35 crore investment
eBikeGo, previously operated as an electric two-wheeler rental company has pivoted to retail.
Nhava Sheva now runs 150 electric trucks as port targets full energy transition by 2027
A second heavy-duty swapping station has opened at Jawaharlal Nehru Port, where about 150 electric trucks already operate. The company did not disclose investment in the planned EV Megaplex.
Shivtek Spechemi to add 14,000 tonnes of chlorinated paraffins capacity at Kurnool
Specialty chemicals maker Shivtek Spechemi Industries will invest INR 15 crore adding 14,000 tonnes of chlorinated paraffins capacity at its Kurnool plant in Andhra Pradesh
Indian manufacturing on track for USD 2.7 trillion by 2047
A report based on research across more than 130 manufacturers finds India will fall well short of its 2047 manufacturing goal, with workforce productivity the biggest available lever.
Wadi Surgicals begins domestic production of black nitrile gloves for foodservice
Production has started at about 60 lakh gloves a month, with plans to double, for a category served largely by imports. Pricing and investment were not disclosed.
It takes a Village
Personal account of lost item experience with the RGIA police station.
Swiggy delivery partners get discounted Hero bikes and 90 percent financing
Swiggy riders can select a Hero model in the app for discounted dealership pricing, with loans at up to 90 percent of value. Neither company named the lender or the discount.
Kinetic Watts and Volts adds dealers in India
The electric two-wheeler maker has 45 showrooms operational with 40 more due within two months, and says it is assessing markets from Turkey to Nigeria. No timelines were given.
Surat's SMT begins European trial pitting its heart occluder against Abbott's Amplatzer
The Surat device maker has enrolled its first patient in a 1,260-patient European trial comparing its Cocoon occluder against Abbott's Amplatzer family, across about 60 centres.